FDAnews Drug Daily Bulletin

MIMETOGEN PHARMACEUTICALS INC. CLOSES SERIES A FINANCING

March 24, 2006
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Mimetogen Pharmaceuticals Inc. ("Mimetogen"), a privately held drug development company, announced today that it has successfully completed a Series A equity financing led by Boston-based VIMAC Milestone Medica Fund with MSBi Capital returning as a co-investor. The Company has also completed negotiations with McGill University, Montréal for the exclusive worldwide rights to develop and commercialize novel technologies and therapeutics in the areas of cancer and glaucoma.
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